Recently, market participants have noticed an interesting phenomenon: Ripple's price movement pattern from 2020 to 2022 is remarkably similar to that of gold.
Specifically, XRP recently broke through a long-standing downtrend channel, with short-term gains approaching 30%. If this pattern continues to play out, and if it replicates the gold rally at that time, XRP could surge to the $8-10 range, representing a 230%-310% increase from the current price. Sounds promising, but it depends on whether it can hold steady.
Here is a key watershed— the 100-week exponential moving average. If XRP can stabilize above this line, the subsequent rally may gain more support. Conversely, if it falls below this line, the price could revert to the $1.61-1.97 zone for consolidation.
Overall, the future trend mainly depends on whether the key moving averages and trendlines can hold the line. The performance of these two lines essentially determines XRP's next move.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
23 Likes
Reward
23
9
Repost
Share
Comment
0/400
SatoshiLeftOnRead
· 18h ago
I've heard this gold benchmarking theory too many times. Every time they say it can go to the moon, but in the end... we still have to stick to that line.
View OriginalReply0
ImpermanentPhilosopher
· 01-09 04:49
Golden mode replication... I've heard this logic so many times, and most of the time it ends up being proven wrong. Can XRP be different this time?
$8-$10? I want to believe, but is it really that easy to stand firm on the 100-week moving average? Doubtful.
---
Both technical analysis and pattern matching, in simple terms, just betting it won't break the level. Once it breaks, it's over.
---
230%-310% range... sounds great, but reality is often more painful. Will XRP's retail investors get cut again?
---
Moving average support line, support line, support line—it's been protected for so long, yet it still got pierced. Can we really expect it to hold this time?
---
Copying the golden logic to the crypto market, that idea is a bit naive. The market isn't that predictable.
---
Don't think about hitting $8 just yet. First, see if it can hold $1.5. Reality is always harsher than expectations.
---
Hmm, another "if" story. Let's wait until it truly stabilizes before talking. Anything said now is just empty talk.
View OriginalReply0
TokenSherpa
· 01-08 09:31
actually, let me break this down for you—the whole "xrp mimics gold" thesis is... interesting, but empirically speaking, pattern replication across different asset classes rarely holds up to scrutiny. historically speaking, governance precedents in the crypto market show us that technical levels matter way less than tokenomics framework and actual adoption metrics, which xrp frankly struggles with
Reply0
MetaverseHobo
· 01-08 07:03
XRP whether it can hold above the 100-week moving average is the key; otherwise, it will drop back down again.
View OriginalReply0
SchrodingerAirdrop
· 01-07 04:58
Golden mode sounds great, but history doesn't necessarily repeat itself...
It's all about moving averages and support lines; basically, betting it won't break below 1.61.
230%? Dream on. Let's see if it can stabilize first.
If XRP can truly replicate the gold trend this time, we'd all be rich... But the question is, can it?
If it can't hold the 100-week moving average, it's over. Feels like a cliffhanger.
View OriginalReply0
LayerZeroHero
· 01-07 04:57
The 100-week moving average is really a line of defense that must be firmly guarded; otherwise, it's just empty talk. The fact proves that the probability of historical pattern reproduction is not that high; it depends on actual testing data.
View OriginalReply0
LightningAllInHero
· 01-07 04:51
Can the gold pattern be replicated? Ha, I've heard this explanation too many times.
Listening to $8-10 is satisfying, but I'm afraid once the 100-week moving average breaks, it will directly fall back to the diaper-changing price level.
View OriginalReply0
rekt_but_not_broke
· 01-07 04:46
Golden mode? Come on, every time it's the same comparison. XRP needs to hold the 100-week moving average first, otherwise it's just another scam to harvest retail investors.
View OriginalReply0
LiquidityHunter
· 01-07 04:30
Talking about strategies on paper, it still depends on whether the 100-week moving average can be effective; otherwise, it will just be another round of retail investors being harvested.
Recently, market participants have noticed an interesting phenomenon: Ripple's price movement pattern from 2020 to 2022 is remarkably similar to that of gold.
Specifically, XRP recently broke through a long-standing downtrend channel, with short-term gains approaching 30%. If this pattern continues to play out, and if it replicates the gold rally at that time, XRP could surge to the $8-10 range, representing a 230%-310% increase from the current price. Sounds promising, but it depends on whether it can hold steady.
Here is a key watershed— the 100-week exponential moving average. If XRP can stabilize above this line, the subsequent rally may gain more support. Conversely, if it falls below this line, the price could revert to the $1.61-1.97 zone for consolidation.
Overall, the future trend mainly depends on whether the key moving averages and trendlines can hold the line. The performance of these two lines essentially determines XRP's next move.